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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:      
Total revenue $ 323.0 $ 281.6 $ 205.8
Cost of sales:      
Cost of service [1] (75.1) (71.4) (51.8)
Cost of product sales (52.6) (21.9) (17.8)
Selling, general and administrative expenses (115.5) (101.9) (90.3)
Acquisition and integration related transaction expenses (0.5) (1.6)
Depreciation and amortization (39.9) (39.9) (48.8)
Net operating income (loss) 39.9 46.0 (4.5)
Other expense      
Interest expense, net (27.7) (25.3) (44.3)
Change in fair value of warrant liability 0.9
Gain on disposal of business 0.9
Other finance income 0.4 1.1 5.7
Total other expense, net (27.3) (23.3) (37.7)
Income (loss) before income taxes 12.6 22.7 (42.2)
Income tax (expense) benefit (5.0) (2.1) 1.6
Net income (loss) 7.6 20.6 (40.6)
Other comprehensive (loss) income:      
Foreign currency translation (loss) gain (5.9) 12.7 0.7
Change in fair value of hedging instrument 0.3
Reclassification of loss on hedging instrument to comprehensive income 0.3 0.7 1.5
Actuarial (losses) gains on pension plan (0.7) (6.4) 10.5
Other comprehensive (loss) income (6.3) 7.0 13.0
Comprehensive income (loss) $ 1.3 $ 27.6 $ (27.6)
Net income (loss) per common share – basic $ 0.27 $ 0.73 $ (1.66)
Net income (loss) per common share – diluted $ 0.26 $ 0.71 $ (1.66)
Weighted average number of shares outstanding during the year – basic 28,073,408 28,049,918 24,402,461
Weighted average number of shares outstanding during the year – diluted 29,214,583 29,092,855 24,402,461
Stock-based compensation included in:      
Selling, general and administrative expenses $ (11.2) $ (10.8) $ (13.0)
Service [Member]      
Revenue:      
Total revenue 261.2 248.4 180.2
Product Sales [Member]      
Revenue:      
Total revenue $ 61.8 $ 33.2 $ 25.6
[1] Excluding depreciation and amortization